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2003 SESSION

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036785736
HOUSE BILL NO. 1942 Offered January 8, 2003 Prefiled January 7, 2003 A BILL to amend and reenact § 55-79.76 of the Code of Virginia, relating to the Condominium Act; quorum requirements. ---------- Patron-- Drake ---------- Referred to Committee for Courts of Justice ----------

Be it enacted by the General Assembly of Virginia:

1. That § 55-79.76 of the Code of Virginia is amended and reenacted as follows:

§ 55-79.76. Same; quorums.

(a) Unless the condominium instruments otherwise provide, a quorum shall be deemed to be present throughout any meeting of the unit owners' association until adjourned if persons entitled to cast more than 331/3 percent of the votes are present at the beginning of such meeting. The bylaws may provide for a larger percentage, or for a smaller percentage not less than twenty-five 10 percent.

(b) Unless the condominium instruments specify a larger majority, a quorum shall be deemed to be present throughout any meeting of the executive organ if persons entitled to cast one-half of the votes in that body are present at the beginning of such meeting.